Friday, November 25, 2016

Recent NRI Q&A: Will Indian parents have to pay NRI Fees for schooling in India, if their child is born in the US?

Here are my recent responses to questions about  NRIs on Quora. Do keep the questions coming. I will try and respond on this blog or Quora  



Question: Will Indian parents have to pay NRI Fees for schooling in India, if their child is born in the US?


The Fee for School and admissions really depends on parents and less on the immigration status of the child. Most schools have a complex fee structure that could include items like
  • Admission (donation and other fees)
  • Initial fees (books, annual fee etc)
  • Annual fee
  • Tuition (monthly/quarterly)
  • Special fee for sports and other activities
  • Transportation fee etc. etc.
Image source (link)
If the Indian parents flaunt their NRI status and seek admission in elite “International” schools, they will have to pay the going rate. Some of these elite-schools cater to international expatriates, Diplomats and others, and charge equivalent of the fee in Dollars. American School charges $24,200/Yr for Grades 1–5.
On the other hand, if they decide to seek admission in convents/English-medium or other schools where most middle/upper-middle class folks send their kids to, they may have to pay a high initial admission fee, after which other fees would be on par with locals.

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